His party, AKP, is meeting to try to form a government after losing
its majority in a general election for the first time in 13 years.
It secured 41%, a sharp drop from 2011, and must form a coalition or face entering a minority government.
Mr Erdogan has called on all parties to "preserve the atmosphere of stability" in Turkey.
"I
believe the results, which do not give the opportunity to any party to
form a single-party government, will be assessed healthily and
realistically by every party," Mr Erdogan said.
He said the high turnout - 86% - indicated Turkey's "determination for democracy".
Turkey's system of proportional representation means the AKP's 41% of
the vote will not give it a majority in parliament. It is now likely to
try to form a coalition, but no party has yet indicated it is willing
to join forces with it.
Opposition parties may yet try to form a coalition against the AKP.
But
Numan Kurtulmus, one of Turkey's four deputy prime ministers, said
there would be no government without representation by the AKP.
Prime Minister Ahmet Davutoglu is meeting AKP cabinet members and officials to assess the election results in Ankara.
After the official final result is declared, he will have 45 days to form a government.
Mr Kurtulmus said another election was possible.
This is potentially a new political era in Turkey.
The AKP still won this election, with over 40% of the vote - a share of the vote that parties in any democracy would crave.
It
still has a substantial power base, mainly of the more religious,
conservative Turks, who feel liberated by the party and the president.
But
the AKP's dominance, the one-man political show that has played out in
Turkey for 13 years and polarised this nation, has just taken a very big
kick.
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